Daikin Industries --- earnings forecasts exceed consensus for the current fiscal year due to continued drastic growth, European expansion, etc.

Fisco Japan · May 9 21:50

Daikin Industries (6367) continued to increase drastically. Financial results for the fiscal year ending 24/3 were announced the day before, and operating profit was 392.1 billion yen, up 4.0% from the previous fiscal year, and although the previous forecast of 400 billion yen was slightly downward, market expectations rose and landed. Also, the fiscal year ending 25/3 is expected to increase 8.4% from the same period to 425 billion yen. It is above the market consensus level of 420 billion yen out of an exchange rate assumption of 138 yen. It seems that sales are expected to expand in Europe in particular due to an increase in market share due to the operation of new factories, etc.

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ダイキン工---大幅続伸、欧州拡大などで今期はコンセンサス上回る業績見通しに

Daikin Industries --- earnings forecasts exceed consensus for the current fiscal year due to continued drastic growth, European expansion, etc.

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